For many people, an Individual Retirement Account (IRA) can be your most valuable and important retirement asset. However, planning for the transfer of an IRA at one’s death often does not get [...]
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On July 1, 2015, the new Pennsylvania Entity Transaction Law (the “Act”) becomes effective. Among its innovations, the Act significantly expands the ability of entities – including corporations, [...]
Irrevocable life insurance trusts (ILITs) are designed to keep life insurance from being subject to estate tax in the insured’s estate. However, the trust must be precisely drafted and [...]
By its nature, an irrevocable trust cannot generally be changed. And the big fear of every irrevocable trust is inflexibility. Of the many “future looking” powers we can include in a trust, [...]
